Facebook has announced a new feature of its Messenger product, which allows friends to send payments directly to each other, reports Tech Crunch.
A British bank has been trialling a different type of biometrics, allowing their customers to confirm their identity via heartbeat according to the BBC.
Investors fear they may have lost up to $387 million after Bitcoin exchange MyCoin shut down this week, reports ZD Net.
A Dutch university has reportedly made great steps towards making the dream of a ‘fraud-proof’ credit card a reality by utilizing quantum physics.
Tor has been used to mask the identities of cybercriminals in a significant number of bank frauds for over a decade, according to a US Treasury Department report obtained by Brian Krebs on his Krebs on Security website.
MasterCard and VISA have revealed their plan to end the use of passwords for online payments, reports The Telegraph.
American Express has launched a new service, which looks to swap payment card numbers with unique tokens, reports Network World.
The US is still perceived as a hotspot for card fraud: what difference will the ongoing roll-out of Chip & Signature EMV make?
A dangerous new strain of malware has been discovered, able to steal banking credentials without alerting users to the interception.
Representative Mike Rogers, Chairman of the Permanent Select Committee on Intelligence, said that Congress needs to act quickly, in an interview with NBC this week. The websites of major U.S. banks have been offline for 249 hours in the past six weeks, due to a series of sustained cyber attacks by an unknown foreign group.
Analysis of malicious code dubbed Win32/Caphaw (a.k.a. Shylock) attacking major European banks, with ability to automatically steal money when the user is actively accessing his banking account.
A Barclays employee accessed her partner’s ex-wife’s bank statements when he was involved in a legal dispute over the terms of a divorce settlement.